Elliott wave analysis of GBP/JPY for July 31, 2020

GBP/JPY is ready to test the resistance line near 137.85 and break above here. If so, it will rise higher to 139.80 as the next upside target. However, in the longer-term, we are looking for much more upside pressure and a rally to 148.32. Support at 136.07 will be able to protect the downside for […]